Short Sale Advice..... how much to gambleSorry if this is repeated.I have placed an offer on a home that is a short sale and the offer was accepted by the seller. During attorney review they have added a "short sale" addendum indicating that they would keep the house on the market, want to have the full downpayment placed in escrow and that we could not pull out of the deal until we waited 90 days for lender approval. During this time we would be able to complete the inspection, apprasial and title search. Although I will also ask my attorney about my questions I wanted to get some feedback from all you experts here. Is this worth the gamble? Could they take another offer to the bank and then we would be out all of our inspection etc $$$, We love the house but we do not have the funds to lose paying for these costs if we have to start over. I appreciate any comments.January 11 2009 - Brick11YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.